Individual white blocks with black letters spelling "Junk Bond" on black background

Concern about Junk Bonds Not Over Yet

U.S. junk bonds are trading down on Wednesday, following global stocks lower as investors fret about North Korea’s possible nuclear test, China’s slower-growing economy and a fresh plunge in oil prices. Some energy companies were among the biggest losers on the day, including bonds from Range Resources Corp and California Resources Corp. A Range Resources…

Two silver dice atop stock market reports. One reads "Buy" and the other reads "Sell."

Investors Dump Stocks at Record Pace

The word of the week for investors was “sell.” Mom and pop investors are dumping their investments and moving to cash at levels not seen since the financial crisis of 2008. It’s an “investor revolt,” is how Credit Suisse characterized it. Normally when investors panic about stocks falling, they sell stocks and buy bonds, which…

Dollar sign floating in bubble, about to be popped with a needle

Gold in Another Stock Market Bubble

For weeks, I’ve intended to write a post on the current stock market bubble, and now, the New York Times‘ David Leonhardt has beaten me to it, but I’ll make some additional points. Robert Shiller, a Noble prize-winning economist, is among the market analysts and economists whose work I follow and admire. I discovered Shiller several years…